Trendlines gets commitments for Agrifood fund from Temasek and other investors

Singapore

CATALIST-LISTED startup incubator The Trendlines Group has received conditional commitments of up to US$22 million for its new Singapore-based venture fund from investors, including Temasek.

Aside from Temasek, investors include Librae Holdings - an entity related to UK business tycoon Vincent Tchenguiz - and an additional South-east Asian investor. Trendlines, via its wholly owned subsidiary, Trendlines Agrifood Innovation Centre, will act as manager for the fund, Trendlines Agrifood.